Thursday, January 06, 2022

Major Grains-CADUSD-Trends.Trading.Targets.Jan06/2022.Thur.

MARKETS PRICE-SUPPLY/DEMAND DURING TRADING ACTIVITY
TRENDS: LINES: DISTINCT LOWS (UP)/DISTINCT HIGHS (DOWN)
TRADING: DIRECTION-MOMENTUM-TREND LINE-TARGET-CLOSE.
TARGETS: PROJECTED PRICE POINTS OF RESISTANCE/SUPPORT

CORN (ZCZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 1.58MMT
TRENDS: PRICE: UP MONTHLY-OPEN INTEREST: DOWN-VOLUME: DOWN-/(302-758.2)
TRADING: DOWN TREND AS SUPPORT MID(614-590) CLOSE UP BUYING STEADY ACTIVITY. 
TARGETS: (566(590-614)639)-COMMERCIAL MORE SHORT-NON COMM/MORE LONG.

SOYS (ZSF22)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.60MMT 
TRENDS: PRICE: UP MORE-OPEN INTEREST: FLAT-VOLUME: LOWER-/(1667-791).
TRADING: DOWN TREND/HIGHS AS SUPPORT 1395 AS RESISTANCE MORE ACTIVITY 
TARGETS: (1322(1358-1395)1432)-COMMERCIAL MORE SHORT-NON COMM MORE LONG.

WHEAT (ZWZ21)/MAR: WORLD ENDING STOCKS/(LESS CHINA)-21/22-UP 2.23MMT 
TRENDS: PRICE: DOWN MORE-OPEN INTEREST: FLAT-VOLUME: HIGHER-/(387-874.6). 
TRADING: DOWN REVISED TREND AS SUPPORT ABOVE 731 CLOSE DOWN MORE ACTIVITY.
TARGETS: 814(786-758)731-COMMERCIAL NOW LONG-NON COMM LESS LONG.

DOLLAR (D6Z21)/MAR                    
TRENDS: PRICE: DOWN MONTHLY-OPEN INTEREST: LOWER VOLUME: UP-/(8321-6820)
TRADING: MOVE DOWN ON TREND AS RESISTANCE BUYING CLOSE UP MORE ACTIVITY.
TARGETS: (7964(7875-7786)7697-COMMERCIAL/NOW LONG-NON COMM/MORE SHORT  

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